My column is based on introducing you to the key platforms built on Injective or playing an important role in its ecosystem. Find out how they are driving growth and innovation in the DeFi world.
Meet DojoSwap, the first AMM DEX built specifically for the Injective ecosystem! It's a platform that will be the choice of every community member. Why? Read on!
What is DojoSwap?
DojoSwap is the first native decentralized exchange with an automated market maker (AMM DEX). Its main goal is to provide users with an exceptional trading experience, focusing on transparency, sustainability and convenience.
Top benefits of DojoSwap
1- Community focus: All solutions and mechanisms of the platform are developed with the interests of users, liquidity providers, and token holders in mind. DojoSwap also recognizes the key role of liquidity providers and token holders for the sustainability of the platform and encourages their participation through a variety of mechanisms. For example, this may include various rewards, access to exclusive launchpads, or participation in key platform decisions through voting.
2- 80% of trading commissions go back to the ecosystem: The platform returns up to 80% of all trading commissions (0.3%) to liquidity providers and token holders, leaving a minimal portion to cover its operating costs and research.
$DOJO token and its utility
The $DOJO token is not just a domestic currency. It plays a central role in the ecosystem:
- Receive a portion of commissions and participate in tokenomics burn.
- Access exclusive launches of new projects.
- Manage the future of DojoSwap through $veDOJO.
Recent Updates: DojAI
DojoSwap goes beyond DeFi by introducing DojAI, an AI platform that makes it easy to create custom AI agents to work with blockchain.
This opens up new possibilities for interactions, trading and token creation. Integrations with platforms like Telegram and Discord make the technology accessible to everyone. At the same time, DojoSwap is implementing improvements in tokenomics (reduced issuance and increased liquidity), which reinforces the value of the $DOJO token.
We are not stopping and will continue "Exploring the ecosystem together".
